PHG

1 Day 1D

5 Days 5D

1 Month 1M

6 Months 6M

YTD YTD

1 Year 1Y

5 Years 5Y

About Koninklijke Philips N.V.

CEO
Frans van Houten
Employees
2020
Headquarters

Amstelplein 2
Amsterdam, Noord Holland 1096 BC
Phone: 31205977777
https://www.philips.com/

News

Philips'' Zenition 30 to Boost Image-Guided Surgeries
Apr 23, 2024 19:32pm

Koninklijke Philips (NYSE: PHG ) recently announced the receipt of FDA 510(k) approval for its Zenition 30 mobile C-arm. The approval is likely to make image-guided surgical procedures available to more patients at a lower cost in the United States. The new Zenition 30 delivers a special mix of personalized control and image clarity to improve the speed and accuracy of decision-making for a variety of clinical procedures at an affordable cost. It is based on the company''s Zenition platform''s demonstrated simplicity of use and workflow efficiency. Price Performance Over the past six months, PHG''s shares have gained 9.6% compared with the industry''s rise of 14.7%. The S&P 500 increased 17.8% in the same time frame. Image Source: Zacks Investment Research More on Zenition 30 Zenition 30 reduces surgeons'' reliance on support staff by providing them with more customization, control, and flexibility over C-arm movement and user settings. This helps address staff shortages that restrict patient access and increase waiting periods.


Source:Benzinga
Philips expands footprint in India with new R&D centre
Apr 16, 2024 01:24am

New Delhi, (Asian independent) Philips on Monday said that it expanded its footprint in India by announcing a new R&D centre. The company will open the new Healthcare Innovation Centre (HIC) in Pune which will have an office space of about 300,000 square feet in the first phase and will house 1,900 employees. “This new […]


Source:The Asian Independent
Philips said it reached a final agreement with the Justice Department and FDA on terms of a settlement related to its Respironics ventilators, and backed its medium-term guidance.
Apr 11, 2024 02:58am

Philips said it reached a final agreement with the Justice Department and FDA on terms of a settlement related to its Respironics ventilators, and backed its medium-term guidance.


Source:The Wall Street Journal
Philips shares rise on final US deal on sleep apnea machines
Apr 10, 2024 22:59pm

(Reuters) -Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea machines, which has …


Source:KFGO
Mizuho sees ResMed as "overwhelming beneficiary" of Philips consent decree
Apr 10, 2024 19:46pm

No summary available.


Source:Seeking Alpha
Why Is European Healthcare Tech Giant Philips Stock Trading Higher On Wednesday?
Apr 10, 2024 13:47pm

On Wednesday, Koninklijke Philips NV (NYSE: PHG ) said it reached a final agreement with the U.S. Justice Department and FDA regarding a settlement related to its Respironics ventilators . The Dutch health-technology company said that under the consent decree, Philips Respironics will continue to prioritize completing the remediation of the sleep and respiratory care devices under Respironics’ voluntary June 2021 recall. The agreement primarily focuses on Philips Respironics’ business operations in the U.S., including its manufacturing facilities in Murrysville and New Kensington, its service center in Mount Pleasant, and its Respironics headquarters in Pittsburgh, Pennsylvania. In … Full story available on Benzinga.com


Source:Benzinga
ROUNDUP: Court Bars Philips Respironics From Making Sleep And Respiratory Devices
Apr 10, 2024 12:12pm

WASHINGTON (dpa-AFX) - A federal court has ordered Philips RS North America LLC (Philips Respironics) to stop manufacturing many of its sleep and respiratory devices at three Pennsylvania faciliti…


Source:Finanz Nachrichten
Philips Respironics In Agreement On Consent Decree With US Govt Related To Certain Recalls In 2021
Apr 10, 2024 11:42am

AMSTERDAM (dpa-AFX) - Medical supply company Philips Respironics owned by Koninklijke Philips N.V. (PHGFF.PK) on Wednesday said it has reached an agreement on a consent decree with the U.S. Govern…


Source:Finanz Nachrichten
Wall Street Breakfast Podcast: Intel Unveils New AI Chip, Setting Up Race With Nvidia
Apr 10, 2024 10:50am

Intel unveils Gaudi 3 AI accelerator. Costco may be sitting on gold with its new business. Philips reaches agreement with DOJ, FDA on consent decree over sleep apnea devices.


Source:Seeking Alpha
Philips reaches agreement with DOJ, FDA on consent decree over sleep apnea devices
Apr 10, 2024 08:22am

No summary available.


Source:Seeking Alpha